Tag: SIx Perfections

  • (2) How to start learning about Buddhism? | How scientific is Buddhism?

    (2) How to start learning about Buddhism? | How scientific is Buddhism?

    Credit: Liza Matthews & Zephyr (Science Photo Library)

    Buddhism in Contemporary Society

    Based on the discussion in the previous article, Buddhism is often regarded as either a religion or a cultural tradition. Recently, there has been more scientific research on Buddhism, especially from psychological and neuroscientific perspectives.

    Practices like yoga, meditation, mindfulness, and how Buddhist teachings could help improve our well-being have come into the spotlight amid the surging need and growing awareness in society in mental health areas like stress management and reduction.

    Challenges of Scientific Research on Buddhism

    In an article titled “The Science of the Mind and the Science of the Brain” in the “Lion’s Roar” magazine, His Holiness the Dalai Lama discussed the challenges in studying and researching Buddhism scientifically.

    Modern science and research relies on objective methodologies of observation and experiment, while Buddhism deals with the subjectivity of human mind, consciousness and reality. Thus, it is complex and difficult to bridge these two approaches. In other words, by modern science, we are by far no able to logicize and formulize Buddhism, a study of mind and consciousness, like classical Physics formulas to explain causal effects in our experiential world.

    Stages of Development in Buddhism – Psychology, Philosophy, Yoga

    Three Stages of Buddhism Development

    From the Buddha Shakyamuni’s enlightenment commonly agreed in around 500 BCE, there had been many changes and stages of development in the content and way of teachings by the Buddha,

    Let’s explore more about the 3 stages of Buddha’s teaching i.e. the Three Turnings of the Wheel of Dharma in the next article.

  • Trading Record: 31-May-2024 SQQQ Stop Gain @ $10.575 (Ver AI)

    Trading Record: 31-May-2024 SQQQ Stop Gain @ $10.575 (Ver AI)

    Note: This post is written for my personal trading record purpose only, so this should not be taken as any form of investment advice or guidance to follow. Discussion is welcome, while you must do your own research for our own risks.

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    Discussion

    The Nasdaq and the broader market turned bearish and sold off even after lower-than-expected PCE data was released. Sometimes, it’s more luck than skill to identify an inverted movement following better-than-expected data.

    In another scenario, the Nasdaq and QQQ initially moved upward after the data release but quickly reversed course. The market experienced a sell-off, and QQQ dropped by around 2%. In such cases, it’s prudent to secure profits before waiting for the market to stabilize based on the 620-chart or any signs of finding its footing.

    Based on the daily chart, QQQ experienced a breakdown below both the 10-day moving average (10MA) yesterday and the 20-day moving average (20MA) today. This decline was accompanied by higher trading volume, signaling significant selling pressure on market leaders.

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    Turning our attention to the 620-chart or 5-minute timeframe, we observe a robust upside bar in QQQ precisely at 12:20 AM HKT (GMT+8). Recognizing this bullish signal, I promptly closed my SQQQ position, considering the profit already gained and the potential for a swift reversion that could erode those gains. Let’s delve into the risk dynamics:

    • Our original risk tolerance level set for SQQQ’s 3x leveraged position was approximately 1%.
    • Remarkably, a movement of up to 2% in QQQ corresponds to a substantial 6% movement in SQQQ due to its leverage factor—approximately six times our expected risk exposure.

    Guided by the “Perfection of Generosity” or “Perfection of Non-greed” under Six Perfections or Six Pāramitās, seizing this moment as a stop gain opportunity aligns with prudent risk management.

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    My Personal Trading Record :

    https://docs.google.com/spreadsheets/d/1Fet2gtENwYOVUggm4n4kovbrzdKcbphP7jHsF0V9GOo/edit?usp=drive_link

    Remarks: Reposted for AI edition testing.